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Non-fungible tokens (NFTs) and the blockchain


The DCMS Committee will hold an inquiry into the operation, risks, and benefits of Non-Fungible Tokens (NFTs) and the wider blockchain. MPs are expected to consider whether NFT investors, especially vulnerable speculators, are put at risk by the market. The inquiry may also look into the wider benefits that NFTs and the blockchain could provide the UK economy. 

NFT regulation in the UK is largely non-existent. The inquiry into NFTs and the Blockchain is likely to examine whether more regulation is needed, ahead of a Treasury review.   

This inquiry is no longer accepting evidence

The deadline for submissions was Friday 6 January 2023. The Committee may be able to accept further written evidence but any person considering submitting evidence should email the committee team first at

Reports, special reports and government responses

No reports or special reports published.

Oral evidence transcripts

View all oral evidence transcripts
18 April 2023
Inquiry Non-fungible tokens (NFTs) and the blockchain
Witnesses Joey D’Urso (Investigations Writer, The Athletic), and Kieran Maguire (Senior Teacher in Accountancy, University of Liverpool)
Oral Evidence
18 April 2023
Inquiry Non-fungible tokens (NFTs) and the blockchain
Witnesses Institute of Art and Law, Artclear Ltd, and Design and Artists Copyright Society
Oral Evidence
Department for Science, Innovation and Technology (NFT0051)
Dr Matthew Shillito (Lecturer in Law at University of Liverpool) (NFT0046)
Dr Hayleigh Bosher (NFT0047)

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